By Mark Brandly Mises Institute January 25, 2019 What Shutdown? Federal Spending per Day Is Down Only 7 Percent In our Principles of Microeconomics courses, we sometimes consider whether a firm should shutdown some line of production. A firm shuts down when it ceases operations, when it closes down and stops its production. […]
By Mark Brandly Mises.org March 18,2016 Including the Ocean Floor, the Feds Own Much More Land than You Think The Importance of Economic Calculation In “Economic Calculation in the Socialist Commonwealth,” Ludwig von Mises challenged the socialists to explain how economic calculation could be performed in a socialist economy absent prices. Mises concluded […]
By Mark Brandly Mises.org More DC Lies on Debts and Spending ”Recently, the Treasury Department secretary asserted that “The President’s policies and a strengthening U.S. economy have resulted in a reduction of the U.S. budget deficit of approximately two-thirds — the fastest sustained deficit reduction since World War II.” And, “the deficit in […]
